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386932

registered interest
date	01/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Channel Tunnel
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will estimate of the average daily cost to UK businesses of an unscheduled closure of the Channel Tunnel.
tabling member constituency	Ayr, Carrick and Cumnock
tabling member printed	Corri Wilson
uin	5059
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p>Understanding the full cost to business would require a detailed analysis of their supply chains. This information can only be provided at disproportionate cost.</p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 14:58:56 answering member 3938 label Biography information for Anna Soubry
tabling member	4448 label Biography information for Corri Wilson

386934

registered interest
date	01/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Trade Agreements
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, when he expects bilateral trade agreements with each country with which such agreements are being negotiated to be (a) concluded and (b) laid before Parliament for approval.
tabling member constituency	Swansea West
tabling member printed	Geraint Davies
uin	5061
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p>The Government is seeking to increase the pace of EU trade negotiations.</p><p> </p><p>The Government is pushing for conclusion of a deal with the USA under the Obama Administration. We hope to agree the outline of an agreement as soon as possible, preferably by the end of this year. Such a timeframe might see a text laid for UK ratification towards the end of this Parliament.</p><p> </p><p> </p><p> </p><p>On the EU-Japan negotiations, we are seeking agreement in principle on an ambitious trade agreement by the end of 2015. Once the text is agreed we would anticipate it being brought to Parliament for approval within 24 months.</p><p> </p><p> </p><p> </p><p>The text of the EU-Canada trade agreement should be laid before Parliament next year. Negotiations have concluded for Ecuador to join the EU-Andean Community trade agreement. Signature is expected before the end of this year, leading to a text being laid before Parliament in 2016.</p><p> </p><p> </p><p> </p><p>The agreed EU-Singapore text is currently with the European Court of Justice for an assessment on competence. This will delay ratification and timescales are as yet unclear, but this agreement may possibly be laid before Parliament in 2017. EU-Vietnam negotiations could conclude in the coming months. This might therefore see the text being laid before Parliament in 2016 or 2017.</p><p> </p><p> </p><p> </p><p>Negotiations between the EU and West Africa, East Africa and Southern Africa concluded in 2014. Signature could happen this year leading to the texts being laid before Parliament in 2016.</p><p> </p><p> </p><p> </p><p>The Government is pushing for trade negotiations with India and Mercosur to be unblocked; timelines remain unclear. Negotiations with Morocco are currently difficult to predict. Negotiations with Thailand are on hold due to the current political situation. The Gulf Cooperation Council has suspended all its trade negotiations.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 15:03:52 answering member 3938 label Biography information for Anna Soubry
tabling member	155 label Biography information for Geraint Davies

386937

registered interest
date	01/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Motor Vehicles: Manufacturing Industries
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what steps his Department is taking to promote automotive manufacturing in the UK; and if he will make a statement.
tabling member constituency	Coventry South
tabling member printed	Mr Jim Cunningham
uin	5103
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p>Through the long-term economic plan the Government is creating the right business environment for automotive manufacturers to prosper by removing barriers to productivity and growth. We will do this through de-regulation, by promoting fair competition and by simplifying the business support landscape. We will work closely with the automotive sector, in particular through the Automotive Council, to understand its needs and what more the Government can do to help retain its competitive position within the global market.</p><p> </p><p><strong> </strong></p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 14:57:45 answering member 3938 label Biography information for Anna Soubry
tabling member	308 label Biography information for Mr Jim Cunningham

386941

registered interest
date	01/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, which investment bank or banks his Department has had discussions with on the proposed privatisation of the Green Investment Bank.
tabling member constituency	Coatbridge, Chryston and Bellshill
tabling member printed	Phil Boswell
uin	5217
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p>My Department is receiving financial advice on the proposed transaction from Bank of America Merrill Lynch (BAML) and Herbert Smith Freehills are providing legal advice. UK Green Investment Bank plc (GIB) is separately receiving its own financial advice from UBS and legal advice from Slaughter &amp; May.</p><p> </p><p> </p><p> </p><p>The detail of discussions with potential investors is commercially confidential but I can confirm that GIB, UBS and BAML have had initial discussions with a number of institutional investors to test the likely level of interest in acquiring a stake in GIB. As a result, we believe the time is now right to explore the scope for a sale. We will only proceed with a transaction if satisfied it delivers value for money to the taxpayer.</p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 15:02:27 answering member 3938 label Biography information for Anna Soubry
tabling member	4388 label Biography information for Philip Boswell

386942

registered interest
date	01/07/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Green Investment Bank
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what financial targets the Green Investment Bank (a) achieved and (b) missed in the last financial year.
tabling member constituency	Coatbridge, Chryston and Bellshill
tabling member printed	Phil Boswell
uin	5218
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p>Details of UK Green Investment Bank plc’s performance against its key performance indicators in 2014/15 are set out in the company’s annual report and accounts which were published in June.</p><p> </p><p><strong> </strong></p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 15:07:18 answering member 3938 label Biography information for Anna Soubry
tabling member	4388 label Biography information for Philip Boswell

386519

registered interest
date	30/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Industry
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what progress has been made on each commitment made under each of the Government's 11 sector partnerships; and what the current status is of each sector partnership.
tabling member constituency	Streatham
tabling member printed	Mr Chuka Umunna
uin	5013
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p>Sector councils have worked over recent years to deliver the commitments set out in the 11 sector strategies published since 2012.</p><p> </p><p> </p><p> </p><p>My Rt hon Friend the Secretary of State for Business, Innovation and Skills will continue to work closely with industry and businesses to understand their needs and what more the Government can do to retain the UK’s competitive position within the global economy, including through sector councils.</p><p> </p><p><strong> </strong></p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 14:56:40 answering member 3938 label Biography information for Anna Soubry
tabling member	4128 label Biography information for Chuka Umunna

386639

registered interest
date	30/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Russia: Sanctions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the value in sterling of (a) exports to Russia and (b) foreign direct investment from Russia lost as a result of sanctions on that country.
tabling member constituency	Shrewsbury and Atcham
tabling member printed	Daniel Kawczynski
uin	4756
answer	answer is ministerial correction date of answer 06/07/2015 answer text <p><strong> </strong></p><p> </p><p><strong> </strong></p><p> </p><p>It is difficult to assess the impact of sanctions because of the problem in isolating their impact from other factors affecting Russia’s economy.</p><p> </p><p> </p><p> </p><p>Our on-going dialogue with UK industry suggests that it understands the purpose of the sanctions and is appreciative of the Government’s support. Their main concerns are that sanctions should be as unambiguous as possible, are applied consistently across the EU, that action is taken to stop back-filling (Russia replacing EU trade with trade from third countries) and that licence applications are processed promptly.</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 06/07/2015 14:55:33 answering member 3938 label Biography information for Anna Soubry
tabling member	1566 label Biography information for Daniel Kawczynski

386205

registered interest
date	29/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Regional Growth Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what proportion of funds from withdrawn awards under each round of the regional growth fund (RGF) (a) have been recycled into the RGF, (b) have been recycled into other programmes or budgets of his Department, (c) have been returned to HM Treasury and (d) have been reallocated elsewhere.
tabling member constituency	Streatham
tabling member printed	Mr Chuka Umunna
uin	4635
answer	answer is ministerial correction date of answer 02/07/2015 answer text <p>Unused funds from withdrawn awards have generally been used to increase the funding for later rounds of the Regional Growth Fund (RGF) or to fund exceptional RGF awards. It is not possible to track the precise re-allocation of funding released specifically from withdrawn awards under each round.</p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 02/07/2015 15:08:30 answering member 3938 label Biography information for Anna Soubry
tabling member	4128 label Biography information for Chuka Umunna

386206

registered interest
date	29/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Regional Growth Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, how much has been returned to HM Treasury from the regional growth fund programme in each financial year of that fund's operation.
tabling member constituency	Streatham
tabling member printed	Mr Chuka Umunna
uin	4636
answer	answer is ministerial correction date of answer 02/07/2015 answer text <p>Unused funds from successive Regional Growth Fund (RGF) rounds have generally been used to increase the funding for later rounds of the RGF and to fund exceptional RGF awards. No funding was returned to HM Treasury in the financial years 2011/12 to 2014/15. Decisions on unused funds for the current and future financial years will be taken as part of the spending review process.</p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 02/07/2015 15:07:32 answering member 3938 label Biography information for Anna Soubry
tabling member	4128 label Biography information for Chuka Umunna

386207

registered interest
date	29/06/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Regional Growth Fund
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, how many successful bids to each bidding round of the regional growth fund have been withdrawn to date.
tabling member constituency	Streatham
tabling member printed	Mr Chuka Umunna
uin	4637
answer	answer is ministerial correction date of answer 02/07/2015 answer text <p>A total of 138 projects and programmes from Regional Growth Fund rounds 1 to 6 are no longer proceeding. The breakdown by round is below:</p><p> </p><p> </p><p> </p><p><strong>Round 1 – </strong>19</p><p> </p><p><strong> </strong></p><p> </p><p><strong>Round 2 – </strong>42</p><p> </p><p><strong> </strong></p><p> </p><p><strong>Round 3 – </strong>31</p><p> </p><p><strong> </strong></p><p> </p><p><strong>Round 4 – </strong>33</p><p> </p><p><strong> </strong></p><p> </p><p><strong>Round 5 – </strong>8</p><p> </p><p><strong> </strong></p><p> </p><p><strong>Round 6 – </strong>4</p><p> </p><p><strong> </strong></p><p> </p><p><strong>eRGF – </strong>1</p><p> </p><p> </p><p> </p><p><strong> </strong></p><p> </p> answering member constituency Broxtowe answering member printed Anna Soubry question first answered 02/07/2015 16:01:22 answering member 3938 label Biography information for Anna Soubry
tabling member	4128 label Biography information for Chuka Umunna